IPO Season: China’s First Wave of AI Companies Are Going Public

Yi Wang will never forget Thursday, September 27, 2018. That’s the day that Liulishuo, the AI-driven English tutoring startup he founded in 2012, went public on the Nasdaq (NYSE:LAIX), raisin...

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Source: syncedreview.com

Yi Wang will never forget Thursday, September 27, 2018. That’s the day that Liulishuo, the AI-driven English tutoring startup he founded in 2012, went public on the Nasdaq (NYSE:LAIX), raising US$72 million under an estimated market cap of US$600 million.